Hiraga Co., Ltd. reported consolidated financial results for the first quarter ended June 30, 2015. For the quarter, the company reported net sales of ¥2,032 million compared to ¥2,074 million, operating loss of ¥30 million compared operating income of to ¥17 million, ordinary loss of ¥22 million compared to ordinary income of ¥27 million and net loss of ¥30 million or LPS of ¥8.27 per share compared to net income of ¥4 million or LPS of ¥1.30 per share for the last year.

The company provided earnings guidance for the six months and fiscal year 2016. For the fiscal year ending March 2016, the company expected net sales of ¥8,800 million, operating income of ¥124 million, ordinary income of ¥140 million and net income of ¥112 million or ¥30.41 per share.

For the six months, the company expected net sales of ¥4,302 million, operating income of ¥55 million, ordinary income of ¥64 million and net income of ¥55 million or ¥14.93 per share.